| ANNUAL REPORT 2015
100
STATEMENTS OF CASH FLOWS
For the financial year ended 30 June 2015
Group
Company
2015
2014
2015
2014
Note
RM’000
RM’000
RM’000
RM’000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax
72,706
85,540
10,402
53,405
Adjustments for:
Accretion of non-current other payable
569
778
569
778
Amortisation of trademarks
9
512
1,313
-
-
Bad debts written off
8
15
-
-
Depreciation of property, plant and equipment
7
21,905
20,425
536
602
Dividend income
26
-
-
(16,043)
(76,905)
Fair value adjustments on investment properties
8
(666)
(87)
-
-
Gain on disposals of property, plant and equipment
(644)
(582)
(219)
(63)
Impairment losses on:
- amounts owing by associates
15
1,556
2,367
3
2
- amounts owing by subsidiaries
15
-
-
632
11,777
- interests in associates
11
352
-
-
-
Interest expense
6,490
3,972
818
928
Interest income
(1,029)
(954)
(557)
(463)
Inventories written off
14
440
63
-
-
Net loss on disposal of a subsidiary
34
-
560
-
-
Property, plant and equipment written off
7
386
171
-
-
Reversal of impairment losses on
amounts owing by subsidiaries
15
-
-
(1,540)
(314)
Share of losses of associates
11
209
1
-
-
Unrealised (gain)/loss on foreign exchange, net
(619)
(85)
1,070
13
Unwinding of discount on provision
for restoration costs
22
104
89
-
-
Waiver of advances to a former subsidiary
-
-
-
3,505
Operating profit/(loss) before changes
in working capital
102,279
113,586
(4,329)
(6,735)
Changes in working capital:
Inventories
(9,343)
(34,403)
-
-
Trade and other receivables
(21,731)
(7,494)
-
-
Trade and other payables
9,922
8,685
(3,721)
(287)
Cash generated from/(used in) operations
81,127
80,374
(8,050)
(7,022)
Tax paid
(29,842)
(28,943)
(264)
(258)
Tax refunded
1,222
1,452
-
-
Net cash from/(used in) operating activities
52,507
52,883
(8,314)
(7,280)
